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Elon Musk's xAI is reportedly seeking $10 billion in funding, potentially valuing the company at $75 billion. Existing investors like Sequoia Capital and Andreessen Horowitz are in discussions to participate in this funding round. The company aims to compete with OpenAI, having recently developed an advanced AI chatbot named Grok3, which is set to launch soon.
OpenAI is also in the spotlight as CEO Sam Altman announces plans for GPT-5, aiming to simplify its AI offerings. The new model will unify various AI functionalities, enhancing user experience by eliminating the need for manual model selection. The competitive landscape in AI is intensifying, with both xAI and OpenAI pushing the boundaries of technology.
• xAI seeks $10 billion funding to enhance its AI capabilities.
• OpenAI plans to simplify its offerings with the upcoming GPT-5 model.
Grok3 is an AI chatbot developed by xAI, showcasing advanced reasoning capabilities.
xAI is canvassing for a $10 billion funding round to expand its operations.
OpenAI aims to create a unified AI system to streamline user interactions with its models.
Founded by Elon Musk, xAI focuses on developing advanced AI technologies to rival OpenAI.
OpenAI is enhancing its AI offerings with the upcoming GPT-5 model to improve user experience.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
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